Tether, the issuer behind the USDT stablecoin, has continued its Bitcoin investment strategy, purchasing an additional 8,888 BTC on the last day of Q1 2025. The latest acquisition, which cost $735 million, expands Tether’s (USDT) total Bitcoin (BTC) holdings to 100,521 BTC, or roughly $8.29 billion, according to data from Arkham Intelligence. The acquisition is…
Galaxy Digital has received a regulatory boost after the United Kingdom’s Financial Conduct Authority approved a license application for its subsidiary, Galaxy Digital UK Limited. The FCA license will allow Galaxy Digital to expand its derivatives trading to customers in the U.K. via its London office. Galaxy Investment Banking will also utilize the license to…
MEW rallied as high as 20% after breaking out of its multi-month downtrend, following its listing on Binance Alpha. According to crypto.news, Cat in a dogs world (MEW) hit an intraday high of $0.311 on April 2, its highest level in six weeks and about 40% above its weekly lows. Its market cap was seated…
Binance co-founder Yi He says the exchange cannot be held accountable for the ‘the rise and fall of coins’ listed on its platform. The criticism comes after several tokens experience major declines in trading. In a recent post, Yi He acknowledged that the platform still had issues and the team is committed to continuously improving…
Terra Luna Classic token consolidated at a crucial support level as the weekly burn rate soared and a key community vote began. Terra Luna Classic (LUNC) was trading at $0.000060 on Wednesday, where it has remained over the past few days. The token has dropped by over 66% from its December high. LUNC continued to…
While Western darknet markets faltered, Russian platforms dominated Bitcoin and TRON drug sales, analysts at TRM Labs say. Darknet marketplaces saw a slight revenue bump in 2024, bringing in over $1.7 billion, with Russian-language platforms still leading the way in crypto drug sales, analysts at blockchain forensic firm TRM Labs say. New darknet markets and…
Ripple has launched a pilot project that will see its stablecoin, Ripple USD, used for drought relief in Kenya. The announcement comes just days after Ripple integrated the Ripple USD (RLUSD) stablecoin in its payments solution. Ripple is partnering with Mercy Corps Ventures and DIVA Donate, a platform that leverages decentralized finance technology to facilitate…
The U.S. Treasury Department has imposed sanctions on crypto addresses associated with Russia’s Garantex in its latest action against the Houthis and their funding operations. The U.S. Department of the Treasury’s Office of Foreign Assets Control has imposed sanctions on eight cryptocurrency addresses used by the Houthi foreign terrorist organization to finance activities like arms…
Ethereum developers have locked in May 7, 2025, as the launch date for the network’s next major upgrade, Pectra. The decision was made during a core developer call on Apr. 3, following a successful test on the Hoodi testnet, Pectra upgrade’s third and final dry run. The Hoodi testnet is now ready to go live…
Ethena is facing a potential wave of sell pressure as 266 million ENA tokens are set to unlock in two phases, starting with the first $34 million unlock today. According to CryptoRank.io, Ethena (ENA) will unlock 94.19 million ENA tokens today, worth $33.87 million—0.63% of total supply and 1.79% of market cap. Further, 171.85 million…
